Karooooo Ltd. (KARO)
NASDAQ: KARO · Real-Time Price · USD
39.94
+0.15 (0.38%)
Nov 21, 2024, 10:53 AM EST - Market open

Company Description

Karooooo Ltd. provides mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States.

It operates through Cartrack, Carzuka, and Karooooo Logistics segments. The company offers Fleet Telematics, a fleet management SaaS platform that provides real-time insights; LiveVision for pro-active risk management and fleet visibility; MiFleet advanced fleet administration and business intelligence for cost management and administration capabilities; and Karooooo Logistics, a software application for management of last mile delivery and general operational logistics.

It also provides Cartrack Field Service, a software application for management of field and on site workers; Business Intelligence for high-level view of fleet statistics; asset tracking for tracking and tracing moveable assets; asset recovery services that assists vehicle owners and insurance companies with the recovery of vehicles and other assets; and insurance telematics that allows insurers to tailor premiums for commercial and consumer customers using analytics; Protector, a safety package for consumer vehicles; and Car Watch, a mobile application that lets users track and watch their vehicles.

In addition, the company offers Bike Track, a GPS-based solution for commercial motorbike fleets; Credit Management that predicts payment cycles and facilitate active credit management for asset-based vehicle finance; electronic monitoring services application that allows law enforcement agencies to monitor persons of interest; and mobility and monitoring solutions, such as Carzuka and cartrack insurance agency, as well as smart IoT products.

It provides its solutions through direct sales force to consumers and sole proprietors, small and medium-sized businesses, large enterprises, and other connected devices.

Karooooo Ltd. was founded in 2001 and is headquartered in Singapore.

Karooooo Ltd.
Karooooo logo
Country Singapore
Founded 2001
IPO Date Apr 1, 2021
Industry Software - Application
Sector Technology
Employees 4,387
CEO Isaias Jose Calisto

Contact Details

Address:
1 Harbourfront Avenue, Keppel Bay Tower #14-07
Singapore, 098632
Singapore
Phone 65 6255 4151
Website karooooo.com

Stock Details

Ticker Symbol KARO
Exchange NASDAQ
Fiscal Year March - February
Reporting Currency ZAR
IPO Price $47.52
CIK Code 0001828102
CUSIP Number Y4600W108
ISIN Number SGXZ19450089
SIC Code 7372

Key Executives

Name Position
Isaias Jose Calisto Founder, Chief Executive Officer and Executive Chairman
Hoe Shin Goy Chief Financial Officer and Executive Director
Richard J. Schubert Chief Operating Officer
Pedro Ventura Chief Technology Officer
Juan Marais Chief Sales Officer
Carmen Calisto Chief Strategy and Marketing Officer

Latest SEC Filings

Date Type Title
Nov 13, 2024 144 Filing
Oct 15, 2024 6-K Report of foreign issuer
Sep 30, 2024 6-K Report of foreign issuer
Aug 29, 2024 6-K Report of foreign issuer
Aug 27, 2024 SC 13D/A [Amend] General statement of acquisition of beneficial ownership
Aug 13, 2024 6-K Report of foreign issuer
Aug 12, 2024 144 Filing
Aug 12, 2024 6-K Report of foreign issuer
Jul 29, 2024 6-K Report of foreign issuer
Jul 26, 2024 6-K Report of foreign issuer